Skoči na glavni sadržaj

Zagreb International Review of Economics & Business, Vol. 2 No. 2, 1999.

Izvorni znanstveni članak

The Administered-Price Hypothesis Revisited

David R. Kamerschen ; University of Georgia, Athens, USA
Jae-Hee Park ; University of Georgia, Athens, USA

Puni tekst: engleski pdf 1.036 Kb

str. 39-56

preuzimanja: 1.268

citiraj

Sažetak

The relationship between market structure and firms’ pricing behaviour has been a major and controversial issue in industrial economics. The question of how firms’ pricing behaviour differs across market structures is the focus of the administered-price thesis. In this paper the authors review theories providing rationales for the administered-price thesis and their empirical underpinnings, and methodological controversies concerning price series of differnt industries.

Ključne riječi

administered pricing hypothesis; transaction and list prices; price equation; price rigidity; market structure

Hrčak ID:

34402

URI

https://hrcak.srce.hr/34402

Datum izdavanja:

1.11.1999.

Posjeta: 1.932 *